What Makes Zeta Global Holdings Corp. (ZETA) One of The Best High Return Technology Stocks

Zeta Global Holdings Corp. (NYSE:ZETA) is among the best high-return technology stocks to buy now. On May 1, RBC Capital elevated the price target on Zeta Global Holdings Corp. (NYSE:ZETA) to $29 from $27 and reiterated an Outperform rating. While highlighting that the company’s guidance appears conservative, given the early Athena traction, the firm anticipates the company to continue posting beats. With that said, the firm lifted the price target to better reflect raised estimates and AI traction.

What’s truly impressive is the company’s 3-year return, which was 29.25% higher than the S&P 500’s return of 77.16%. Despite not being profitable, Zeta Global Holdings Corp. (NYSE:ZETA) remains positive about its future prospects, with forecasted EPS and revenue growth in the following quarters. With that, the company also expects sustained momentum from its AI initiatives, with a high-end GAAP EPS projection for this year. This makes it one of the best high-return technology stocks to watch.

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Following the Q1 success, B. Riley also lifted the price target on Zeta Global Holdings Corp. (NYSE:ZETA) to $30 from $28 and maintained a Buy rating on May 1. The firm noted the company’s super-scaled customer expansion, broad-based strength, and early traction with Athena.

Zeta Global Holdings Corp. (NYSE:ZETA) is a New York-based operator of an omnichannel data-driven cloud platform. Founded in 2007, the company provides enterprises with consumer intelligence and marketing automation software.

While we acknowledge the risk and potential of ZETA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ZETA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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